ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ADW Addworth

0.375
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Addworth LSE:ADW London Ordinary Share GB00B05KLT09 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.375 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Increase of holding in NCI

13/08/2007 5:37pm

UK Regulatory


RNS Number:0115C
Addworth PLC
13 August 2007




            Addworth declares 7.55% stake in NCI Vehicle Rescue Plc


Following a purchase of 38,000 shares @ 13p per share on Thursday 9th August
Addworth Plc has increased its holding in NCI Vehicle Rescue Plc to 700,000
shares, representing 7.55% of that company's equity.

Mark Watson-Mitchell, who owns 19.34% of Addworth's equity, is the Non-Executive
Chairman of NCI Vehicle Rescue Plc.


Further information from

Mark Watson-Mitchell, Executive Chairman                         020 7638 8750
www.addworth.co.uk


Notes to Editors

Addworth (ADW), which gained admission to AIM on 3rd February 2005, was formed
primarily to act as an 'active capital investor'. The focus is upon the growth
of capital value and the generation of fee income from: establishing and funding
newly quoted sector focused companies; acquiring and developing companies with 
growth potential; and taking minority equity positions in undervalued smaller 
listed companies.

In the middle of January 2007 the Company established its own insurance company
in Guernsey, called Risk Transfer.

In late January 2007 it also floated Oil and Gas Support Services Plc on PLUS
Markets, a special purpose acquisition company planning to acquire companies
providing services to the global oil and gas sector. In late March it floated
Gaming Ventures Plc, an investor in the mobile and online gaming sector. In July
it floated Uranium Prospects Plc, which is involved in the funding of
exploration and development of uranium prospects.

NCI Vehicle Rescue (NCI), which is quoted on the PLUS Market, specialises in the 
provision of vehicle breakdown and roadside assistance recovery. The cover is 
currently provided to  customers  based  in the UK, caters for vehicles used  in 
the UK and Europe and is available to  both individuals and businesses.

NCI provides cover for cars, motorcycles and vans and the types of cover have
been specifically designed to compete with other breakdown repair and recovery
services available in the marketplace in terms of level of cover and service as
well as price.

NCI Insurance Services offers a range of insurance products to private
individuals and businesses. This product range includes car, bike and van motor
insurance as well as liability, home, and commercial cover.







                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCGUUAWRUPMGQW

1 Year Addworth Chart

1 Year Addworth Chart

1 Month Addworth Chart

1 Month Addworth Chart